Specialist retail warehouse fund Hercules Unit Trust (HUT) has signed a £350 mln (EUR 400 mln) five-year loan facility underwritten by Aareal Bank.
Specialist retail warehouse fund Hercules Unit Trust (HUT) has signed a £350 mln (EUR 400 mln) five-year loan facility underwritten by Aareal Bank.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.